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TopicGeneva (Swiss) to introduce World's Highest Minimum Wage...
OhhhJa
10/05/20 11:59:35 PM
#17:


Zeus posted...
A $2 federal increase was a like a 40% increase over the previous minimum. Of course, the actual minimum wage 25 years ago was $4.25 (which rose to $4.75 in 1996). That's a 70%+ increase.
70% increase from next to nothing is still next to nothing but either way the most preposterous thing is really the complete absence of any increase in the last decade when cost of living has skyrocketed in the past decade. No matter how you look at it minimum wage has not kept pace with inflation
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